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.network glossary
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about Google and  .network
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more search toolsspacerEnterprise and Economic Development Library
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take down:

... a draw against a capital fund for a specific purpose, such as a drawing against a construction loan in increments; therefore, a take down from the total amount of a loan.
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definition of take down / what is a loan take down
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target area:

... a region targeted at the outset of a site location project by a member of the target audience of The Network, for example, when a business decision maker in the role of enterprise developer points to an area on a map to emphasize that it is where he plans to look for a place to expand or relocate operations, or to startup a new venture. Site Location Assistance.com has two resource directories for targeting areas for site selection.

1. The Regional Site Selection Directory, a search resource. Use it to find a place of interest that is either a region within a county or other locale. You can search for location data suppliers and other resource and service providers who have records in the Global Registry of Contacts either by their names or the names of the place where they are located.

2. The Site Selection Directory, provided as a free service, is a resource for use by enterprise developers and site selectors to announce projects online. The directory is a cost-effective tool for gathering information, such as location data needed during a site selection project. We (who we are) provide guidance and services for protecting confidential plans and activities that make using the directory as secure as a project may call for.
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definition of target area / definition of target site selection area / definition of target region
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target audience (1):

... the specific user group The Network is designed to serve. Among its members are business decision makers, especially those engaged as enterprise developers and site selectors. Enterprise developers are entrepreneurs, small business owners, and leaders of fast-growing companies. Resource and service providers engaged in the mission of The Network, or one that is similar, as contacts are members. See comments about resource and service providers on page 2 of the series that introduces The Network. This definition is used to answer questions about who participates in enterprise and economic development.

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definition of target audience / enterprise and economic development target audience
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target audience (2):

... a group profiled for marketing purposesdashsee marketing analysis. A business classification from which enterprises are selected as potential prospects and targeted to receive location data and see advertising in, for example, site selection publicationsdashsearch for economic development marketing for more explanation and links to useful resources.
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definition of target audience as a marketing term
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target industry:

... an expression of economic development marketing used to describe a category of business enterprises selected for the creation of a list of suspects; a group selected from a segment of industry because it matches criteria defined by what a location is position to accommodate in terms of enterprise and economic development; a list of prospects organized around a target industry study in conjunction with a strategy for promoting a locale. Reporting after scrutinizing what a location has to offer that encourages enterprise developers to expand, or relocate operations there, or start up ventures, that are within specific business or industrial segment produces a target industry study. The studies are typically the work of economic development marketing advisors, site location consultants or community services representatives of universities having regional outreach programs. Also, data brokers are available to provided prospect lists.

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definition of target industry / what are target industries / what is a target industry study
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tax base:

... all things and activities taxable within a location, including the value of real estate and other assets held by local enterprises, inhabitants, and owners not residing in the community.
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definition of tax base / what is a community tax base
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tax funds:

... money or other resources, such as property provided through a taxing authority as opposed to contributed funds. For example, a local development authority may operate entirely with tax funding or with a mix of funding as a quasi-governmental organization.
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definition of tax funds / definition of tax funding
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tax incentive ... an inducement offered as a tax abatement.
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definition of tax incentive
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taxes and incentives:

... an information category of economic development data or location data that one might see in a community profile; a link or heading for information provided at a location data supplier's website; information about taxes and tax incentives in a location.
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definition of taxes and incentives / what are the taxes and incentives available
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taxing authority:

... that which has enforcement powers to extract an involuntary contribution for supporting a government entity or program; a government agency is position to levy a tax; a government agency which places a financial charge on a property, generally after an assessment, and enforces its collection.
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definition of tax authority / definition of taxing authority
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tax increment financing: (TIF)

... a means of incentive or community development financing whereby property values in an area are maintained at a specified level until property values begin to risedashsee Lessons from the Field provided online by the Northeast-Midwest Institute (USA).
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definition of tax increment financing / what is tif / what does tif stand for
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tax map:

... a graphic representation showing and defining real estate in relationship to contiguous real property in order to determine or state value for assessing and taxing purposes.
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definition of tax map / what is a tax map / definition of taxmap
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tax package:

... an accounting for all taxes and abatements to be expected at a location; taxes and tax shelters, abatements and incentives presented all together in order to accommodate an analysis, such as a ten-year-cash-flow.
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definition of tax package / what is a tax package
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tax shelter ...
an allowance for a postponement or elimination of a tax liability.
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definition of tax shelter
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technical labor:

... workers experienced or trained in skills that allow them to do analytical thinking on the job; technicians. Additional technology terminology resources are in the .network library.
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definition of technical labor / definition of technical worker / definition of technician
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technical school:

... a college or other place where technical skills are taught ... for training technicians.
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definition of technical school / what is a technical school / a place for technical training
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technology transfer:

... the movement of ideas and resources, generally of a scientific nature, applicable to commercial or industrial objectives from academia to the the outside world for nurturing, testing or otherwise introducing them into the enterprise development process; to convey a practical application, method, procedures, technique, tool or idea from a laboratory or incubation to a commercial or industrial environment; to pass technological information and/or resources from one enterprise to another in order for it to be put to use.
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definition of technology transfer / what is technology transfer as it relates to business incubation
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telecom ...
abbreviation for telecommunications, for example, telecom technology.
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definition of telecom / what is telecommunications abbreviated
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telecommuting ... virtually going to and from work online at home; to telecommute.
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definition of telecommute / definition of telecommuting
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telework center:

... a location where employees use telecommunications tools to perform their jobs.
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definition of telework / definition of telework center
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spacertemp ... temporary; someone working at a job temporarily.
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definition of temp / definition of a temp worker
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ten-year-cash-flow:

... a sensitivity analysis; a cost analysis for an enterprise development project based on the source and application of funds. A skilled site selector would include it as part of a comparative analysis, for example, considering the projecting the value of tax incentives (the source) against the one-time cost of relocation services. Certain assumptions have to be made so experience counts. Labor turnover is very likely to increase after relocation; therefore, knowing how to gather the information to project its time and costs before settling back to what it was before or improving is as much part of an analysis as is capital.
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definition of ten-year cash flow / definition of 10-year cash flow
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tenant ... a lessee. A tenant may occupy but not necessarily be a lessee.
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definition of tenant / definition of lessee
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thread ... to tediously follow a series of clues or subject-related indicatorsdashsee threader.
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definition of thread / meaning of to thread through
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tight money ... funds that are hard to get as compared to money available earlierdashmore.

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definition of tight money / what is the availability of funds in a tight market called
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time line:

... a line representing a span of time and having a series of points of action; a line with tic marks representing significant or noteworthy dates or times; a plan for a sequence of work to be performed expressed graphically in a linear fashion as events and their times.
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definition of time line / definition of timeline / how to make a time line projection
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time is money:

... emphasis on the value of a unit of time in terms of a currency; a phrase associated with the principle of finance stating that money is worth more the sooner it's received because of potential earning capacity; time value of money based on its availability in the present and seen as worth more than the same amount in the future due to its capacity to earn interest; an expression implied when making a point such as don't waste time.
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definition of time is money / meaning of the metaphor time is money
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time is of the essence:

... an expression that emphasizes a time-value, such the metaphor: time is money; a boiler plate expression in contracts, such as a real estate agreement, that requires performance with punctuality; to hurry someone along by implying that there is a value on time.
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definition of time is of the essence
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time-price differential:

... the difference between the purchase price of real estate and its higher cost-total if it were to be purchased on an installment basis, including finance charges.
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definition of time-price disenthrall
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time value of money:

... the maxim that makes it acceptable to charge interest; a principle professing that money received now is worth more than it will be when received laterdashsee time-is-money.
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definition of time value of money
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title insurance:

... an indemnity agreement under which an insurer warrants to make good a loss arising through defects in title to real estate or any liens or encumbrances thereon. A title insurance company actually contracts to protect the holder-of-title by a recording act against something that may have already happened, but is not yet discovered or revealed.
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definition of title insurance
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tool:

... anything used to perform a task or to facilitate a process, for example, a search tool. The Network is useful tool for members of a target audience. It can also be described as a vehicle as well as a resource. Here are examples of tools available within The Network: (1) the Google/.network search engine; (2) guides for developing site selection criteria or PSF (forms used to collect criteria from prospects); (3) the Site Selection Directory (a tool use by enterprise developers and site selectors to conveniently and securely publish project specifications and profiles online, for free, in order to gather economic development data from places of interest; and, (4) the Global Registry of Contacts.
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what is a site selection tool / what is a tool for enterprise development
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top decision maker:

... one among those having authority to make up their minds about matters which trigger actions or bring about consequences for which they are fully responsible; one in charge who makes the final decisions and is in the position of which it can the said: the buck stops here.
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definition of top decision maker / who are top decision makers
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topography:

... definition of the nature of a surface as in topography map or topo. Contours are the best known elements of topo maps, therefore they may also be referred to a contour maps.
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definition of topography / definition of topo map / definition of contour map
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tort:

... a negligent or intentional act of wrong-doing arising form breach of duty as defined by law rather than contract; therefore it is a violation of a legal right. It is also defined as a civil wrong such as a negligence, liable nuisance, trespass, slander of title or false incarceration.
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definition of tort
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Total Quality Management: (TQM)

... a strategic production method that allows workers to voluntarily strive to meet or exceed the the expectations of customers as applied to performance at every level and in all areas of responsibility; following consideration for the voice of the customer, a combination of management techniques and team efforts within a disciplined structure focused on continuously improving all processes (continuous improvement). The term quality circle is used to describe a production team that is dedicated to qualitydashmore information from Xavier University of Louisiana, New Orleans, LA.
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definition of tqm / what is total quality management
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tourism:

... the economic development effort aimed at attracting visitors to a locationdashone definition of economic development states that it is the increasing ... of capital through the community and reducing its leakage. The Network provides a resource paper: Tourism as Economic DevelopmentdashA Brief Guide for Communities and Entrepreneurs. Tourism or tourist information or visitor information is a location data element.
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definition of tourism / what is tourist information / definition of visitor information
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tourism promotion:

... as a specialized form of marketing, the entire set of approaches to attracting potential visitor attention to a location; the basic activity of a person engaged in tourism development.
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definition of tourism promotion / definition of tourism marketing
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trade school

... an institution providing instruction that prepares students with know-how for a specific work-discipline or craft; an operation having a program or programs that readies people for labor force participation with credential for working at an acceptable standard of proficiency in a craft; an training program operated by a trade union dedicated, in part, to the development of specialized member skills through apprenticeships that are on-the-job training or pre-employment training; a category of location data. Trade schools and technical schools are not the same.
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definition of trade school / what are trade schools / what is a trade school
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training facility:

... the learning environment in which programs of practice and hands-on experiences are provided with instruction to help trainees reach a standard of proficiency or qualify for a particular type of work; a training environment in which one or more programs are facilitated. A worker training environment may be in the facility of an employer with the program referred to as OJT. Also, a workforce training facility may be a school environment where pre-employment training is provided through standardized or customized programs. In the latter case, the training may be offered as an incentive for economic development prospects. Training facilities may be show up as an item of location data on a community profile or at the website of a place seeking economic development.
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definition of training facility / definition of training facilities / definition of training environment
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transportation:

... that which moves people and things from one place to another; a category of location datadashmore about this under the definition of transportation infrastructure below.

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definition of transportation / what are transport provisions
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transportation center:

... an intersecting point for one or more modes of transportation; a place where one or more modes of transportation converge and there is relatively significant activity in support of an economy or its development; a location where the transportation infrastructure and related activities are significant so as to define a region. Transportation centers that generate economic activity in a region tend to grow in population. Growth creates a need for places seeking economic development to have sources of reliable location data available for enterprise developers and site selectors.
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definition of transportation center
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transportation infrastructure:

... transport provisions in a location; the services and facilities of conveyance other than those of utilities and communication as they support ongoing economic activity in an area. Transportation may be seen as a header for a category of location data, for example, on a community profile. Transportation along with communications infrastructure, demographics, real estate and taxes and incentives are arguably the most sought after information by prospects. Transportation as a item of location data typically covers water, air, and ground facilities, vehicles and services that part of the infrastructure of an area.
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definition of transportation infrastructure / definition of transport provisions
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triple net lease:

... defined by InvestorWords.com; the net-net-net lease that exists when, in addition to the stipulated rent payment, the lessee assumes responsibility for all expenses associated with the operation of the property. This includes both fixed expenses such as taxes and insurance, and all operating expenses, including cost of maintenance and repair. Triple net lease agreements may require a renter to pay interest on a lessors' property mortgage.
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definition of triple net lease / definition of a net net net lease
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turn-key:

... a construction package, from ground-breaking to ribbon-cutting, handled completely so that all that is left to do, so to speak, is to turn the keys over to the buyer. A turn-key lease is one in which the lessor agrees to give the lessee ready-to-occupy-property.
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definition of turnkey / definition of turn-key
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turnover:

... labor turnover; a rate or count of workers leaving their jobs during a given period of time. A turnover rate may be established with attrition being the only explanation (attrition, however, is the gradual reduction in the size of a workforce that comes about by not replacing workers lost through retirement or resignation.) Analysis requires examination of involuntary turnovers, such as retirements, layoffs, terminations) as well as voluntarily turnovers, such as workers leaving for better jobs. Analysis also requires consideration of why employees are leaving and the concern of the employer for keeping good workers on the job.
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definition of turnover
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link: .network help / intro

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[T] page in the .network glossary / page in an alphabetical series

go back / dictionaries and glossaries (.network library) / page up
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about us / copyrights © and all rights reserved / 06/26/2009